Business, 25.04.2020 02:13 LizzieS8167

The LM curve illustrates that when income increases:.
a. price level must increase to clear the asset market.
b. real interest rate on non-monetary assets must increase to clear the asset market.
c. price level must increase to clear the goods market.
d. real interest rate on non-monetary assets must increase to clear the goods market.

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The LM curve illustrates that when income increases:.
a. price level must increase to clear th...

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